1.800.689.9922
 SPORTS ONLINE Member Login  Account-ID:   Password:  
BTW BET THE WORLD - SPORTSBOOK GLOSSARY
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
A
Accountant A term used by some players for a bookmaker (bookie).
Action Any wager; The total amount bet, either from the bettor's point of view or that of the house. In baseball, placing a bet regardless who pitches.
Added Game A game not part of Las Vegas regular rotation posted as an accommodation to customers.
AFC Abbreviation for American Football Conference.
Agent A middleman who places players into a sportsbook for a commission.
Alpo The team, side or contestant in any given event considered to be the least likely to win (the underdog).
ATS "Against the spread," taking points rather than betting with the spread and laying points.

B
Back Door Cover Meaningless points scored to cover the spread, by a team that is likely to lose.
Bad Beat A tough loss, e.g., when unwanted points are scored against your wager in the dying seconds of an event, or your horse loses by a nose, after leading all the way.
Beard A friend or acquaintance who is used to place bets as to conceal the true identity of the real bettor.
Beef A dispute or claim involving a player and his/her bookmaker.
Bet Any wager.
Book An establishment that accepts bets on the outcome of horse racing and sporting events.
Bookie (Bookmaker) A person who accepts bets.
Bow-wow The team, side or contestant in any given event considered to be the least likely to win (the underdog).
Buck Sports betting term for $100.
Buy (Points) A player pays an additional price to receive half a point or more in his favor on a point spread game.

C
Canadian Line The Canadian line is a combination point spread and money line in hockey.
Chalk The team, side or contestant in any given event considered the favorite to win (the favorite).
Chalk Player Someone who usually only plays the favored teams, rarely betting on the underdogs.
Circled game A game in which the betting action is reduced; usually occurs in added games, games with injuries, bad weather, propositions, or halves of games. These games cannot be included in parlays or teasers.
Clone Joint A sportsbook that moves its lines to conform with other sportsbooks.
Cover When a favorite wins by more than the required number of points.

D
Degenerate A term for a compulsive gambler.
Dime Sports betting term for $1,000.
Dime Line A line where the juice is 10%.
Dog The team, side or contestant in any given event considered to be the least likely to win (the underdog).
Dog Player Refers to one who mostly plays the underdog.
Dollar Sports betting term for $100.
Double action An "if bet" in sports betting that is processed if the precedent bet wins, ties or cancels.
Double Bet A wager for twice the size of one's usual wager; also known as "double pop" or "doubling up."
Double Header Two separate games played by the same teams on the same day.
Due For Term referring to a contestant or team that is considered to be overdue for a win or loss in their next contest or sports event. The due for wager is a favorite strategy of many players.

E
Earn Practical hold percentage, i.e., the total amount won by a bookmaker divided by the total amount booked.
East Coast Line Mainly used in hockey, which has a split-goal line e.g. - Philadelphia Flyers (1 - 1½) favorite over the LA Kings as opposed to goal spread plus money line (-1/2 -180).
Edge A persons advantage when it comes to sports betting.
Even Money A bet whose odds are 1/1; A wager in which no vigorish or juice is laid.
Exotic Any wager other than a straight bet or parlay.
Exposure The maximum amount of money a sportsbook stands to lose on a game.
Extension The amount of money a book, theoretically, risks to lose on an event.

F
Favorite The team, side or contestant in any given event considered the favorite to win.
Fifty cents Sports betting term for $50.
Figure The amount owed to or by a bookmaker.
Final 4 The remaining four teams in the NCAA basketball tournament.
Firing Wagering of large sums of money.
First Half Bet A bet placed only on the outcome of the first half of a game (first 5 innings in baseball).
Flea A derogatory term describing wannabe players who wager little, and expect something for nothing.
Foots Slang term sometimes used to refer to the game of football.
Form The expected performance of contestants or teams according to how well they look on paper.
Four Majors Golf's most prestigious events: The Masters, the US Open, PGA in the US and the British Open.
Future Bet A type of wager made, or lines/odds posted, on an event, or outcome, that will be determined sometime in the future, e.g., betting during the season on which team will win the Super Bowl, World Series, NBA Championship or Stanley Cup, etc..

G
Getting Down Making a bet.
Going Down Losing a wager, or series of wagers.
Grand Salami The grand total of goals scored in all the hockey (sometimes alse in Baseball) games of the day. It can be wagered to go Over/Under.
Grand Slam The four most important tournaments in tennis: The Australian Open, the French Open, the US Open, and Wimbledon.
Gross Win Winnings before expenses.

H
Half a Dollar Sports betting term for $50.
Half Time Bet A bet placed only on the second half of the game.
Handicapper One who studies, rates and wagers on sporting events and/or races.
Handicapping The attempt to predict the outcome of sporting events.
Handle The total amount of bets taken.
Hedging Placing wagers on the opposite side in order to cut losses or guarantee a minimum amount of winnings.
Hold The percentage the house wins.
Holding Your Own Neither winning or losing, just breaking even.
Home Field Advantage The edge the home team is expected to have as a result of playing on home turf. For example, it would normally be more familiar with the playing area, enjoy greater fan support, and avoid the effects of travel endured by the visiting team.
Home Team The team playing in its own town.
Hook A half point added to football and basketball betting lines.
Hooked The loss of a wager by exactly a half point.
Hoops Slang term referring to the game of basketball.
Hot game A game which is drawing a lot of action on one side by knowledgeable handicappers.
Hot Tip Wagering information/data not yet in the hands of the bookmaker.

I
IBF Abbreviation for International Boxing Federation.

J
Juice The bookmaker's commission on a losing bet, also known as "vigorish."

K
  No glossary available for K at this time.

L
Laying the Points Betting the favorite by giving up points.
Laying the Price Betting the favorite by laying money odds.
Layoff Money bet by a house with another bookmaker to reduce its liability.
Limit The maximum amount a bookmaker will allow you to bet before he changes the odds and/or the points.
Line The current odds or point spread on a particular event.
Line Maker In the sports betting industry this is the person who establishes the original and subsequent betting lines.
Listed Pitchers A baseball bet which will be placed only if both of the pitchers scheduled to start a game actually start. If they don't, the bet is cancelled.
Lock Easy winner, cannot lose.
Longshot A team or horse perceived to be unlikely to win.

M
Matador A cover that occurs in the last moments of the game (also referred to as a "back door cover").
Middle To win both sides of the same contest in sports betting event. Wagering on the underdog at one point spread and the favorite at a different point spread and winning both sides.
MLB Abbreviation for Major League Baseball.
Money Line The amount the player must wager to win $100.00, or the amount the player wins on a wager of $100.00. No handicap is given, such as a point spread or run line. The team wagered on just has to win the game. Payoffs are based on true odds rather than fixed odds. The amount the player lays or takes may vary each time.
Moving the Line When a player pays an additional price to receive half a point or more in his favor on a point spread game (buying points).

N
NBA Abbreviation for National Basketball Association.
NCAA Abbreviation for National Collegiate Athletic Association.
Neutral Site An arena, a court, ring, rink or field where neither side has a home field advantage.
Newspaper Line Lines which appear in various daily newspapers. These lines are only approximate and can be downright inaccurate and misleading.
NFC Abbreviation for National Football Conference.
NFL Abbreviation for National Football League.
NHL Abbreviation for National Hockey League.
Nickel Sports betting term for $500.
Nickel Line A sports wagering line where the juice is 5%.
NIT Abbreviation for National Invitational Tournament.
No Action A wager in sports betting in which no money is lost nor won.

O
Odds Maker Same as the lines maker, i.e., the person who establishes the original and subsequent betting lines for an event.
Odds On Favorite A horse, team, or individual so favored by the public that the odds are less than even.
Off the board A game on which the bookmaker will not accept action.
Official Line The line that the bookmaker uses for wagering purposes. The line which comes from Las Vegas is quite often referred to as the official line; However, the line that your bookie offers you is actually your "official line."
One Dollar Sports betting term for $100.
Outlaw Line Term for the earliest line in sports betting. This is an overnight line which only a handful of players are allowed to bet into.
Over/Under A wager on whether the combined total of the points/goals scored by two competing teams will exceed, or be less, than a specified number.
Overlay An advantage for the bettor in which the price on a given wager is greater than the real probability of its success.
Overtime The continuation of a game, that is tied at the end of regulation time, until a winner is determined, or the maximum specified overtime periods have expired.

P
Parlay A bet with two or more teams in which all teams must win or cover for the bettor to win and receive higher payouts.
Parlay Cards Wagers on a minimum of three, and up to 15 propositions; The more the player picks, the more he/she wins.
Past Post A wager made after an event has begun.
Penny Line a money line which is adjusted in increments of a penny, that is, one cent at a time.
Pick 'em When neither team is favored. Also called a "pick" in sports betting terms.
PGA Abbreviation for Professional Golfers Association.
Player A bettor or gambler.
Pleaser A bet on two or more teams where the line on each team is adjusted against the favor of the player but with a higher payout, just like a parlay, all selections must be correct for the pleaser wager to payoff.
Point Spread The point spread - also called "the line" - is used as a margin to handicap the favorite team. The odds maker - also called the handicapper - "gives" points (or goals) to the underdog - for betting purposes only. The bettor must take either the favorite or the underdog. The favorite is always indicated by a minus sign (e.g. -8½) and the underdog by a plus sign (e.g.+8½). For betting purposes, the outcome of the game is determined by taking the actual game score and finding the difference between the scores of the two teams playing (called the pointspread or just the "spread").
Postponed A contest cancelled for any reason and re-scheduled at a later date.
Post Time The Schedule starting time of an event.
Press To wager a larger amount than usual.
Price Sports betting term for the odds or point spread.
Prop (Proposition) Bet A special wager offered by the sportsbook on unique and various topics. These wagers can be on sporting events, politics, and even trial outcomes. The wagers use the money line format of pay off odds and might included who scores the first touchdown in the super bowl, who will win the next presidential election, etc..
Pucks Slang term for the game of ice hockey.
Puppy The team, side or contestant in any given event considered to be the least likely to win (the underdog).
Pup Tenter Company who sets up shop for a season, then disappears with bettor's deposits.
Push When the contest ends with no winner or loser for wagering purposes.

Q
  No glossary available for Q at this time.

R
Rained Out An event canceled because of bad weather.
Round Robin A series of three or more teams in 2-team parlays.
Run Down All the lines for an specific date, sport, time, etc..
Run Line In baseball a spread used instead of the money line.
Runner One who places bets for another when it comes to sports betting.
Ryder Cup A golf tournament between American and European golfers that takes place every two years.

S
Scalper One who attempts to profit from the differences in odds, from book to book, by wagering both sides of the same game at different set prices.
Score To win a great amount of money due to successful wagering.
Scout A Person who waits for what he thinks is an unusually strong wager. A.K.A. Sports Player.
Scratch To withdraw, cancel or call off a wager.
Sharp A sophisticated or professional gambler (wise guy).
Shortstop Term that refers to people who make small wagers.
Side Bet A wager on a particular team, side or contestant to win an event.
Sides The names of the two teams playing: The underdog and the favorite.
Single Action An "if bet" in sports gambling that is processed only if the precedent bet wins.
Smart Money Money wagered on sides by knowledgeable handicappers.
Soft Line A wagering line that is not current with the true posted line, that is, a line that has been adjusted, or moved, as a result of action, but does not reflect the true line as posted.
Sport Player A player who waits for unusually strong wagers, at times, in error.
Spread A spread in sports wagering is the predicted scoring differential between two opponents as quoted by a sportsbook. See "point spread."
Square A novice when it comes to sports betting.
Stake Money used to wager on the success or failure of a particular event.
Stanley Cup Cup representing the winning of the North American ice hockey championship series.
Steam When a line starts to move rapidly. Most "steam games" do not necessarily reflect objective circumstances, but are games that a mass of bettors are drawn to for some reason.
Store A bookie or sports betting establishment.
Straight Bet A wager on just one team or horse.
Stuck A depressing condition experienced by players who feel behind, buried, losing or down for the week.
Sucker Bet A wager that overwhelmingly favors the bookmaker or house.
Sudden Death An overtime period of play where the first contestant to score is declared the winner of the event.
Super Bowl Winners of the AFC and NFC meet to determine the NFL Champion.

T
Taking the Points Betting the underdog and its advantage in the point spread.
Taking the Price Betting the underdog and accepting money odds.
Tapped Out A condition experienced by players who are broke (busted). It is a common result of pressing.
Teaser A special type of parlay in sports betting in which you adjust the point spread or total of each individual play. The price of moving the point spread (teasing) is lower pay off odds winning wagers.
Ten Cent Line In money line contests, a ten cent difference in the money lines between the favorite and the underdog.
Ticket A sports betting wager.
Tie A wager in which no money is lost nor won because the teams' scores were equal to the number of points in the given line.
Toke A tip or gratuity.
Total The combined amount of runs, points or goals scored by both teams during the game, including the overtime.
Totals Bet A proposition bet in which the bettor speculates that the total score by both teams in a game will be more or less than the line posted by the sportsbook.
Tout Someone who sells his/her expertise on sports wagering.
Treble Equivalent to a 3 team parlay.
Twenty Cent Line In money line contests, a twenty cent difference in the money lines between the favorite and the underdog.
Tweener A book that derives it's numbers by taking the middle point between the numbers calculated by all other books.

U
Underdog The team, side or contestant in any given event considered to be the least likely to win.
Underlay The odds of a particular wagering proposition are lower than they should be, that is, they favor the house.
Uniforms Referees, officials

V
Value Getting the best odds on a wagering proposition; The highest possible edge.
Vigorish/Vig The bookmaker's commission on a losing bet; Also known as juice in sports betting.

W
WBA Abbreviation for World Boxing Association.
WBC Abbreviation for World Boxing Council.
Wise Guy A well-informed or knowledgeable handicapper or bettor.
WNBA Abbreviation for Women's National Basketball Association.
World Series Best of seven games, baseball championship playoff series, to determine the best team in Major League Baseball.

X
  No glossary available for X at this time.

Y
  No glossary available for Y at this time.

Z
Zebras Referees

 

Privacy Policy | NO Spyware Policy

Sportsbook | Racebook | Full Casino - only at BTW betbtw.com

This site is best viewed at a screen resolution of 1024 x 780 pixel with Internet Explorer, Mozilla FireFox or Flock.